Dolar Kanada / Yen JepunSingkat
CADJPY: Descending triangle
The Descending triangle is always considered a bearish signal.
As we can see, the Bollinger Bands shrunk now, which could be a signal for fluctuations in the near future. Also, this shrinking is just in the middle of the triangle, this could indicate that the price may break out earlier than we expect.
The MACD is still in a downward trend, and I cannot observe any reverse on the MACD.
The RSI is also going down from the overbought area.
Let’s expect the price to go down.
As we can see, the Bollinger Bands shrunk now, which could be a signal for fluctuations in the near future. Also, this shrinking is just in the middle of the triangle, this could indicate that the price may break out earlier than we expect.
The MACD is still in a downward trend, and I cannot observe any reverse on the MACD.
The RSI is also going down from the overbought area.
Let’s expect the price to go down.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.